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Jan 4, 2013 3:00pm PST
issue is laura tyson she is now at uc berkeley's school of business, and current tv's economic advisor, and she is coming to us from washington. welcome back inside "the war room." >> thank you, jennifer. pleasure to be with you from distance. >> jennifer: yes. i'm sorry you are not here in studio. let me ask you, though this platinum coin thing. is this legit? how would this work? >> well it seems to be legally possible because there's something in the law which essentially i think was meant for commemorative purposes. it gives the treasury the right to mint platinum coins without limit. there is a limit on gold, silver, and dollar bills, but there's no limit on platinum. so in principal -- and they don't have to have any denomination either. so in principal the treasury would mint these coins hand them over to the fed, the fed would essentially convert to cash, hold the coins and give the treasury the cash it needs. this was clearly, clearly be subject to major legal action and send a terrible message to the world that shows how the politics of the u.s. in the congress are broken rig
Search Results 0 to 0 of about 1